When a domestic industry is having problems with foreign competitors, foreign-owned companies in the US, or outsourcing, there is usually plenty of media coverage.

But when an entire sector of the financial services industry is in jeopardy, namely the issuance of shares in companies going public for the first time (initial public offerings, or IPOs), the news and commentary can't seem to break out of the business-reporting realm.

Read the following, and then I'll attempt to explain why.

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“The John Kerry flap may have been the major political story yesterday, and even today,” Brit Hume accurately noted in his Wednesday “Grapevine” segment since, indeed, the ABC, CBS and NBC evening newscasts led with it both Tuesday and Wednesday night. But he observed, “you might not have known that from the newspaper coverage. Not a single front-page headline in the New York Times, Washington Post, Wall Street Journal or USA Today. The Times cast it as a chance for the President to attack Kerry. Not until the 15th paragraph, on page 18, does a reader learn what Kerry actually said.” Hume also picked up on how ABC framed the story: “On ABC News, the Kerry flap was described as quote, 'an object lesson in how in this day and age an idle political remark gets seized upon.'" A late Tuesday night NewsBusters posting, "ABC's Gibson: Kerry's Dumb 'Get Stuck In Iraq' Merely an 'Idle Political Remark,'" distributed in Wednesday's MRC CyberAlert, highlighted the characterization by World News anchor Charles Gibson.

And Hume relayed how ABC News Political Director Mark Halperin, on the Hugh Hewitt's radio show, “says well over 70 percent of the people working on his network's political coverage are liberal, and would vote Democratic.”



Just yesterday a reader brought to my attention the sudden TV ubiquity of John Harwood. He pointed out that - CNBC and Wall Street Journal credentials notwithstanding - Harwood is a predictable liberal voice. And sure enough, it was none other than Harwood that David Gregory chose for a comment on L'Affaire Kerry on this morning's 'Today.' And darn if that reader wasn't right about Harwood's leftward tilt. Let's read and analyze Harwood's statement:

"It's difficult to see, in a campaign dominated by unhappiness about the Iraq war, how these comments will be a driving force in the last few days."



In what looks to be a rather misleading piece of information, reporter Jeanne Cummings of the Wall Street Journal has an article touting the fiscal responsibility of Democrats when it comes to campaign finance management, but the facts don't seem to support that case.



These days, it is almost as telling what little gems media organizations choose to hide from the public about their own polls as what they share. The release of the most recent NBC/Wall Street Journal poll is a fine example. As NewsBusters reported, the good folks at the “Today” show on Thursday seemed quite giddy over numbers that suggest the Republicans are in a lot of trouble in the upcoming midterm elections. However, as is typical, what wasn’t shared from this study conceivably gives a different picture.

For example, as is typical these days, news organizations don’t like to share the political affiliations of those questioned. Certainly, you can’t blame them, for this might give the public some pause to trust the veracity of the data. This instance was no exception, for those that were either “strong Democrat,” “Not very strong Democrat,” or “Independent/lean Democrat” totaled 43 percent of the respondents. The tally for “Strong Republican,” “Not very strong Republican,” and “Independent/lean Republican” was only 37 percent. As such, 16 percent more Democrats or those who leaned Democrat were polled versus Republicans and those who leaned Republican. Color me not surprised.

But, that’s only the beginning.



On the Wall Street Journal's Opinion Journal website Friday, Peggy Noonan put together several recent media events -- Columbia students robbing the Minutemen of their free speech, the furor over CBS's "freeSpeech" commentary from a conservative Columbine parent, Barbra Streisand's profane concert outburst, and Rosie O'Donnell's whupping of Elisabeth Hasselbeck on gun rights -- to conclude that the left preaches about dissent, but isn't very skilled at letting it be practiced against them:



Mega-blogger Markos Moulitsas Zúniga of the Daily Kos talking down the blogs' influence on the Connecticut Dem primary? John Fund of the good old Wall Street Journal talking it up?



I couldn't help but smile when I read the following Wall Street Journal article that's making its way around lefty blogland. In it, reporters Antonio Regalado and Dionne Searcey look into the mystery of a fun little parody video of Al Gore and his global warming movie, "An Inconvenient Truth," posted at YouTube.



The Wall Street Journal profiles military bloggers and Milblogging.com, a site that links to more than 1,400 military blogs around the world. Many military bloggers, or milbloggers, see it as their mission to counteract the perception of what's happening in Iraq that is pushed by the mainstream media.



That didn't take long! Just yesterday I suggested readers keep in mind the MSM's bashing of Pres. Bush on his birthday the next time a liberal accused conservatives of being 'mean-spirited.'  Groucho fans will know what I mean when I say: bring down the duck! On last evening's Journal Editorial Report , liberal newsie Marvin Kalb said the magic 'm-s' word in condemning the Wall Street Journal for its criticism of the New York Times.



Hardened NBC watchers know to expect a shift toward the left when Andrea Mitchell is sitting in for Tim Russert on "Meet the Press." On Sunday's big media roundtable, the topic was the administration's "war" on the press.



Pardon the pun, but the concept of global warming came under some more heat today from the Alfred P. Sloan Professor of Atmospheric Science at MIT, Richard S. Lindzen. Some of you might be familiar with the name Lindzen. He has been a strong antagonist to global warmingists – especially Al Gore – and wrote an op-ed for the Wall Street Journal back in April wherein he not only contested media assertions that the Bush administration has been putting pressure on scientists to oppose climate change principles, but avowed that exactly the opposite is the case: “Scientists who dissent from the alarmism have seen their grant funds disappear, their work derided, and themselves libeled as industry stooges, scientific hacks or worse.”

Well, Lindzen wrote another WSJ op-ed published on Sunday entitled “Don't Believe the Hype,” with a subheading – “Al Gore is wrong. There's no ‘consensus’ on global warming.” This one further attacked the junk science involved in this theory, as well as the preposterous claim being made by Al Gore that there is actually a consensus in the scientific community about the issue: